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Re: jholden post# 502

Wednesday, 08/11/2021 7:15:53 PM

Wednesday, August 11, 2021 7:15:53 PM

Post# of 534
Bottoming Her Out!

Been keeping an eye, side eye that is on GAME. It's seemingly entering the channel of $5-7+ trade. There's a lot seemingly going on. There are more shares now 15.3M O/S, there's this new ATM cash machine they opened up today for up to $50M of At the money share sells to generate operating expense flows if need be out till 4/23. And, it seems that there are now options available on the ticker [https://www.optionistics.com/quotes/stock-option-chains/game]

In terms of the stock price, it has still been in a relative decline on the weekly. On the daily it looks like it wants to retest the sub 6 zone, which it seems to touch daily these days. The daily PSAR indicator actually has it in a 4 day uptrend off the previous lows. I'd be a bit worried as the volume tightens up. Saw it went under 100k volume on Fri, and today it touched about 150k. Either the interest is waning, or just less sellers and buyers care for it.

As for the charting...I would say to be capable trader. You have to know charting and particularly certain indicators:
RSI, MACD, Bollinger Bands, MAs, and PSAR. Just knowledge of how to use these indicators [on both daily & weekly] can alter ones odds drastically. Que up vids on youtube, it gets easy with repetition. https://school.stockcharts.com/doku.php ChartSchool!

[Daily v Weekly Below]



jholden Wednesday, 08/11/21 02:34:50 PM
Re: KingsKnight post# 501
Well, Well, Well… With you off to the hills I had given up but figured I’d give it a shot today. Still no word from 10,10 I see.. Yess the bloodbath continues.. I was so impressed with your numbers I was hoping to get your opinion on the bottom here, $5.18 stands out of past and how the hell you came up with some of these numbers. I’m a little rusty at the ol tech angle but very interested of situational strategic angles. I noticed you went from daily to weekly? Maybe some helpful hints for an old friend or direction for self research… I have a few books on it but can never stay awake after a few pages. Crossed maybe with some sort of volume analysis? Maybe your just a wizard though and roll with just innate flow?